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Sold on 09 Sep 2024 - Price Unavailable

70 Forster Street
Norlane VIC 3214

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 99m2
Land area: 695m2
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Property Details for 70 Forster St, Norlane

70 Forster St, Norlane is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 695m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 0 bedroom House sold in Norlane in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
99m2
Land Size
695m2
Local Government
Greater Geelong
Lot/Plan
237/LP59055

Last Listing description (September 2024)

Calling All Developers and Astute Investors!

Situated on approximately 696sqm, an opportunity arises for the astute buyer in a great pocket of Norlane. With the planning permit approved for 4 townhouses, it is well suited to value-add investors or developers looking to maximize the excellent block size.

Offering every convenience at your doorstep, within walking distance to public transport, local shops, North Shore train station and kindergartens. As well as a short drive to Corio Shopping Centre and Bell Post Hill Shopping centre.

Set in an established location in Norlane within walking distance of Corio Shopping Centre, shopping precincts, schools, day-care facilities, and public transport, this impressive corner block single-level solid residence on 695m2 (approx) is a great opportunity for the first home buyers, investors or developer.

Plans & Permit Approved for 4 townhouse.

Close to train station

696sqm corner parcel of land

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Property History for 70 Forster St, Norlane, VIC 3214

A timeline of how this property has performed in the market
Last Sold
09 Sep 2024
Listed for Rent
$240/w
31 Oct 2020
  • 09 Sep 2024
    Sold
  • 20 Jun 2024
    Listed for Sale Not Disclosed
  • 19 Feb 2022
    Sold for $501,000
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About Norlane 3214

The size of Norlane is approximately 5 square kilometres. It has 10 parks covering nearly 8.5% of total area. The population of Norlane in 2011 was 8,011 people. By 2016 the population was 8,316 showing a population growth of 3.8% in the area during that time. The predominant age group in Norlane is 20-29 years. Households in Norlane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norlane work in a labourer occupation. In 2011, 48.4% of the homes in Norlane were owner-occupied compared with 43.4% in 2016.

Norlane has 5,433 properties. Over the last 5 years, Houses in Norlane have seen a 32.52% increase in median value, while Units have seen a 25.73% increase. As at 30 November 2024:

  • The median value for Houses in Norlane is $457,060 while the median value for Units is $385,633.
  • Houses have a median rent of $385 while Units have a median rent of $380.
There are currently 21 properties listed for sale, and 16 properties listed for rent in Norlane on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Norlane.

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